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>>reporter: and carney noted the president spoke with harry reid and speaker boehner over the weekend. everyone is anticipating another high profile white house meet this week on the fiscal cliff sources in congress say there is you not one on the schedule so far. >>shepard: over the weekend some republicans are telling grover norquist to take a hike with the "we won't raise taxes" pledge. >>reporter: the fine tuning is they are saying we are okay with close loopholes but they don't want to raise tax rates. the republicans are saying the survey done by a group calls the winston group, a republican research firm, says 65 percent of americans back tax reform and spending cuts over the raising of taxes. here is the senate republican leader on what the g.o.p. is offering. >> without compromising our principles we put skin in the game and recognition to the fact while democrats don't run this town, neither do we. we have been responsible even as we remain firm on this point. no tax increases now for promised spending cuts that you will not materialize later. the american people have seen t
>>reporter: and carney noted the president spoke with harry reid and speaker boehner over the weekend. everyone is anticipating another high profile white house meet this week on the fiscal cliff sources in congress say there is you not one on the schedule so far. >>shepard: over the weekend some republicans are telling grover norquist to take a hike with the "we won't raise taxes" pledge. >>reporter: the fine tuning is they are saying we are okay with close...
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Nov 25, 2012
11/12
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, that harry reid, is a chief of staff, makes a presentation on the deal if reid is trying to work out with the republicans. in the course of doing that, david corn says to the president of the united states, in the oval office is in his house, i am disappointed in this white house and you for not having a fallback plan. literally, again. somebody reading of the president in the oval office for not having a plan. after the meeting, harry reid said to his chief of staff, stood up to him, he needed to hear it. no one was telling him. think about it for a moment. what is the second most powerful democrat in washington have to use his chief of staff as a lever to send a message to the president of the united states? i was talking to somebody from amazon.com the other day. as you may know, they take books and they divide them as red states and blue states. most of the books selling in red states, republican state, blue state, democratic states, and i have said, where does this football? where is it to and he said well, it's purple. because it has information about both sides in all of us. i
, that harry reid, is a chief of staff, makes a presentation on the deal if reid is trying to work out with the republicans. in the course of doing that, david corn says to the president of the united states, in the oval office is in his house, i am disappointed in this white house and you for not having a fallback plan. literally, again. somebody reading of the president in the oval office for not having a plan. after the meeting, harry reid said to his chief of staff, stood up to him, he...
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Nov 29, 2012
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>> harry reid and i have been friends for 30 years. harry and i both share a vision and a love for the state of nevada. >> susan austin says even here the cliff will hurt. >> anything that happens in washington affects everybody in the united states. it's going to trickle down to me sooner or later. it's definitely going to hurt me in the end. >> now, the ranch owner says political leaders need to realize money is on the sidelines until confidence returns. as for susan austin, you can see her entire interview on the blog funnybusiness.cnbc.com. back to you. >> thanks so much. we'll be watching that. jane wells. >>> two more companies announcing special dividends tonight. here's a quick market flash. >> that's right. national beverage confirming its board has decided to distribute a special dividend of $2.55 a share. the record date will be december 7th. also, regal entertainment announcing $1 per share for its class "a" and "b" common stock. these two companies among many others declaring special dividends ahead of the end of the year
>> harry reid and i have been friends for 30 years. harry and i both share a vision and a love for the state of nevada. >> susan austin says even here the cliff will hurt. >> anything that happens in washington affects everybody in the united states. it's going to trickle down to me sooner or later. it's definitely going to hurt me in the end. >> now, the ranch owner says political leaders need to realize money is on the sidelines until confidence returns. as for susan...
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democrats have harry reid. we have mitch mcconnell. get them in the room. no one gets all they want. if reagan and o'neill could do it, obama and boehner should be able to do it. >> it's the right approach, the one most beneficial for our economy, that protects the middle class and strengthens it and creates ladders of opportunity for those who aspire to the middle, to get there. >> it's time for the president to present a plan that rises above the reckless and radical voices on the hard left, that goes beyond the talking points of the campaign trail, and that has a realistic chance of passing the congress. the time, in other words, for campaigning is over. it's time for the president to lead. >> when you're $16 trillion in debt, the only pledge we should be making to each other is to avoid becoming greece. and republicans should put revenue on the table. so i agree we shouldn't raise rates, but grover is wrong when it comes to we can't cap deductions and buy down debt. what do you do with the money? i will violate the pledge, long story short, for the good
democrats have harry reid. we have mitch mcconnell. get them in the room. no one gets all they want. if reagan and o'neill could do it, obama and boehner should be able to do it. >> it's the right approach, the one most beneficial for our economy, that protects the middle class and strengthens it and creates ladders of opportunity for those who aspire to the middle, to get there. >> it's time for the president to present a plan that rises above the reckless and radical voices on the...
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Nov 28, 2012
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the white house applauding harry reid's efforts. but rewind that to when the democrats were the minority party. mr. reid was a vocal supporter calling it a last check against abuse of power. joining me to explain. president obama said at the time -- in 2005 we had a president bush in the white house. the republicans controlled the senate and the house. the only way of stopping certain legislation at the time was in some cases to filibuster. the legislation or in many cases president bush's judicial nominees. and there was discussion -- there was discussion among republicans about getting rid of the filibuster it was never meant for this purpose. let's blow it up. let many get rid of it. and at the time this is what then senator obama said. everyone in this chamber the senate knows if the majority chooses to end the filibuster, then the fighting, birthsmen and gridlock will only get worse. i know republicans are getting lot of pressure to do this. we need to rise above the ends justify the means to all the people, not just those wear
the white house applauding harry reid's efforts. but rewind that to when the democrats were the minority party. mr. reid was a vocal supporter calling it a last check against abuse of power. joining me to explain. president obama said at the time -- in 2005 we had a president bush in the white house. the republicans controlled the senate and the house. the only way of stopping certain legislation at the time was in some cases to filibuster. the legislation or in many cases president bush's...
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Nov 27, 2012
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president obama spoke to harry reid over the phone about the fiscal cliff over the weekend. the white house is making it clear today that the president won't sign a bill that extends tax cuts for those earning $250,000 a year in social security. it will not be part of the fiscal cliff. so we are going to talk about the compromise. we have a congress and to talk about this with us. >> and you for having me cheryl: or a little bill? >> we were waiting and hoping to compromise with its administration. but they they would just never come to the table. >> these democrats want to continue spending on social programs, republicans don't want tax cuts to be touched. you think we can have coromise from both sides on each of these issues? the rhetoric that we are hearing on a television screen is pretty negative. >> he did say that we want and the republicans will reach out to less. cheryl: after the last election, the november election, it was a referendum on many republicans. some of them walked away and said, okay, we did not get the senate back, we are moving forward. our republica
president obama spoke to harry reid over the phone about the fiscal cliff over the weekend. the white house is making it clear today that the president won't sign a bill that extends tax cuts for those earning $250,000 a year in social security. it will not be part of the fiscal cliff. so we are going to talk about the compromise. we have a congress and to talk about this with us. >> and you for having me cheryl: or a little bill? >> we were waiting and hoping to compromise with its...
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Nov 26, 2012
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>> harry reid this afternoon was adamant, hope the house republicans are listening. the president has spoken. mitch mcconnell said we needed to tone down the reckless voices of the left. that will be the problem. these sites are no further along than they were in march when ben bernanke declare the term fiscal cliff on capitol hill. as to the specifics nobody really knows. there was a proposal about the estate tax for the chairman of the finance committee in the senate, nobody really knows. we will have a million of these ideas between now and the christmas eve or new year's eve. david: will tim geithner lead the negotiations? >> tim geithner is in charge, but at the very top level. david: thank you very much. good to see you. back to you. liz: next we take you into the future find out the news moving the market tomorrow. plus, 12 drummers drumming, what will that run you? you don't want to know. wait until you hear how much all 12 days of christmas will cost you. a pretty penny. twins. i didn't see them coming. i have obligations. cute obligations, but obligatio. i
>> harry reid this afternoon was adamant, hope the house republicans are listening. the president has spoken. mitch mcconnell said we needed to tone down the reckless voices of the left. that will be the problem. these sites are no further along than they were in march when ben bernanke declare the term fiscal cliff on capitol hill. as to the specifics nobody really knows. there was a proposal about the estate tax for the chairman of the finance committee in the senate, nobody really...
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Nov 28, 2012
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the only way to possibly do it is find out when harry reid will be speaking and go short. he's taking it down. mcconnell, in all fairness, really didn't do the markets any favored. >>> you're absolutely right, but i'll tell you one thing, is i do like hearing -- that sentence advertises the market to that possibility. >>> let's go to the former press secretary under jared bernstein, guys, great to have you on. i'm sure you were listening to the president. does at the sound like a president ready to make a deal, give a little bit? >> i think he has carefully not shut the door on putting entitlements on the table, how they'll raise taxes, though he certainly has shown his preference for the expiration of those top cuts, but look, i think the president made a very strong argument for agreeing on 98% of this, and he added an interesting analytical point, which joe know that he stressed so much in the past, even if you earn above $250,000, you actually do get a break on that first $250,000 by keep the tax rates where they are, not letting the lower tax rates reset. that's real
the only way to possibly do it is find out when harry reid will be speaking and go short. he's taking it down. mcconnell, in all fairness, really didn't do the markets any favored. >>> you're absolutely right, but i'll tell you one thing, is i do like hearing -- that sentence advertises the market to that possibility. >>> let's go to the former press secretary under jared bernstein, guys, great to have you on. i'm sure you were listening to the president. does at the sound...
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say president obama spoke with the house speaker john boehner and the senate majority leader harry reid over the weekend. and the president is confident they can work out some sort of agreement. mike emanuel on fox top story live in the d.c. newsroom tonight. mike, it looks like some republicans are changing their tunes. >> shep, republicans say they favor both major spending cuts and additional revenue from tax reform with lower tax rates. the pledge you mentioned is identified with americans for tax reforms grover norquist who has gotten many republicans to promise they won't vote to raise taxes. south carolina senator lindsey graham is pushing back saying capping deductions would help generate revenue. the top republic on the senate budget committee explained graham's position. >> he is conditioning any tax increase on fixing these programs, social security and medicare, particularly in making sure that they are sound for the future. so that's lindsey's position. and he has talked about accepting revenue to accomplish that goal. >> republicans continue saying they don't want to incre
say president obama spoke with the house speaker john boehner and the senate majority leader harry reid over the weekend. and the president is confident they can work out some sort of agreement. mike emanuel on fox top story live in the d.c. newsroom tonight. mike, it looks like some republicans are changing their tunes. >> shep, republicans say they favor both major spending cuts and additional revenue from tax reform with lower tax rates. the pledge you mentioned is identified with...
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Nov 29, 2012
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now coming out of the meeting with senator reid, i'm not getting much at the moment from sources but one democratic aide tells me the following. he says that we -- this aide told me, we're all on the same page today. it's more about republicans. that goes without saying, because these negotiations really were focusing on the negotiations between the white house and speaker boehner, even before the meeting, which the treasury secretary and speaker boehner, a spokesman gave us this following statement, ashleigh. i want to read to you. he says, we accepted this meeting with the expectation that the white house team will bring a specific plan for real spending cuts, because spending cuts that washington democrats will accept is what is missing from the balanced approach that the president says he wants. clearly, what that tells me, republicans are putting the ball in the white house's court, and democrats' court to come forward with spending cuts. i'll tell you just as quickly, i've been told by senate -- democratic aides all week they believe it's absolutely the opposite. that democrats
now coming out of the meeting with senator reid, i'm not getting much at the moment from sources but one democratic aide tells me the following. he says that we -- this aide told me, we're all on the same page today. it's more about republicans. that goes without saying, because these negotiations really were focusing on the negotiations between the white house and speaker boehner, even before the meeting, which the treasury secretary and speaker boehner, a spokesman gave us this following...
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Nov 28, 2012
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much of it in reaction to harry reid's dismal statement. i got an e-mail with it all in caps, the market is coming in on these headlines from harry reid. this matters, every word they say matters and white house press secretary jay carney was on the defense today. he pointed out as he had done yesterday that the president spoke on the phone with senate majority leader harry reid and john boehner over the weekend. and besides carney says, the president has to talk directly to the american people. >> it is vitally important that ordinary americans actively engage in this debate because the outcome of these negotiations and the hopeful product of these negotiations are the product that we hope emerges from these negotiations will profoundly affect their lives. >> so is the president, the missing ingredient to really nailing down a fiscal cliff deal? could he end the drama right now if he stayed put in washington and held a series of face-to-face meetings with reid, mcconnell, boehner, and pelosi instead of his planned meetings this week with s
much of it in reaction to harry reid's dismal statement. i got an e-mail with it all in caps, the market is coming in on these headlines from harry reid. this matters, every word they say matters and white house press secretary jay carney was on the defense today. he pointed out as he had done yesterday that the president spoke on the phone with senate majority leader harry reid and john boehner over the weekend. and besides carney says, the president has to talk directly to the american...
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the senator checketd himself into walter reid yesterday for what she called a routine procedure. no word on that what that was. he is 89 now. he won the republic nomination in '96 but lost to president clinton. i'm shepard smith. this is the fox report. it's the bottom of the hour, time for the top of the news. and you know that one friend who just won't let you get a word in edge wise, the u.s. senate has a friend like that. his name is filibuster. it's really a technique that lawmakers use to hold the legislation that they don't like. a senator or group of senators refuses to get off the floor and that group can kill the bill that way. now, the senate majority leader harry reid is threatening to push for a change to the filibuster rules that would give minority members less power. but the minority leader mitch mcconnell says that would be the equivalent of blowing up the senate. doug mckelway with the news live on capitol hill for us tonight. doug, they call it the nuclear option. >> yeah, they call it the nuclear option because the party that exercises the nuclear option, that
the senator checketd himself into walter reid yesterday for what she called a routine procedure. no word on that what that was. he is 89 now. he won the republic nomination in '96 but lost to president clinton. i'm shepard smith. this is the fox report. it's the bottom of the hour, time for the top of the news. and you know that one friend who just won't let you get a word in edge wise, the u.s. senate has a friend like that. his name is filibuster. it's really a technique that lawmakers use to...
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steve israel and raul grivalva, dennis reid, power panel joy ann reid, ary melber. "now" with alex wagner is coming your way. >> u.n. ambassador susan rice goes to washington and runs into a whole lot of trouble with the republican opposition. does the gop's inquisition have to do with anything other than her potential cabinet nomination? we will ask richard rolf david corn and joy reid. president obama takes his plan to the people. the white house launches a new campaign to promote middle-class tax cuts, but are we closer to or further from the fiscal cliff? economist justin woolfers weighs in, jose diaz-balart on whether republican heard the wake-up call on immigration reform. there was a lot on the ballot this year but is the drug war over? we will ask knorr new york m-- new york magazine's benjamin wallace-wells about weed's new world order when "now" starts in 180 seconds. folks who save hundreds of dollars switching to geico sure are happy. how happy, ronny? happier than gallagher at a farmers' market. get happy. get geico. chances are, you're not made of mone
steve israel and raul grivalva, dennis reid, power panel joy ann reid, ary melber. "now" with alex wagner is coming your way. >> u.n. ambassador susan rice goes to washington and runs into a whole lot of trouble with the republican opposition. does the gop's inquisition have to do with anything other than her potential cabinet nomination? we will ask richard rolf david corn and joy reid. president obama takes his plan to the people. the white house launches a new campaign to...
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joining me now is joy ann reid, and ana marie cox, washington correspondent for the guardian. thank you both for joining me tonight. >> good to be here. >> ana marie, let me start with you. do republicans see the writing on the wall in this tax debate? >> i think they do. obviously some of them do. and i have to say, this is like a very weird place to kind of like stake your claim, like this is what you're going to commit political suicide over. there are actually other conservative ideals that i understand the philosophical principles behind and why you might go to the mat on this one. but this was -- as the president said, this was something that was decided by the election. this is not something that people were wishy-washy on. americans don't mind if you raise taxes on the very wealthy. not only do they not mind but they want this. i think it only makes sense for republicans to at least do what tom cole has said, which is to settle for this now and then if you want to have that fight later, if you want to make your debate points later, go ahead and do that. at this point,
joining me now is joy ann reid, and ana marie cox, washington correspondent for the guardian. thank you both for joining me tonight. >> good to be here. >> ana marie, let me start with you. do republicans see the writing on the wall in this tax debate? >> i think they do. obviously some of them do. and i have to say, this is like a very weird place to kind of like stake your claim, like this is what you're going to commit political suicide over. there are actually other...
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that flies in the face of harry reid saying little progress is made. that is what is driving the u.s. markets and the global markets as well. the fed's beige book says there is a tepid growth. you have the housing market against that manufacturing and superstorm sandy. interesting stats expected out of the auto sectors. this could be good news. we think there may ab a pace of somewhere in the region of 15.2 million cars sold in november. the fact is that americans got very old fleet of cars. the average age of car now is 11 years old. it's 20% of the cars on the road are 16 years old. maybe renewing the cars is a big factor. great numbers for abercrombie and fitch, the shares are up 15%. this is a very well received set of numbers. >> you mentioned the abercrombie stuff. others are not doing well. i think i have figured out the differences between the two clothing companies. maybe it's the marketing campaign that is struggling. here's the classic abercrombie campaign. enough said. and here is aeropostale. buy your stock appropriately. thanks, steve. >>
that flies in the face of harry reid saying little progress is made. that is what is driving the u.s. markets and the global markets as well. the fed's beige book says there is a tepid growth. you have the housing market against that manufacturing and superstorm sandy. interesting stats expected out of the auto sectors. this could be good news. we think there may ab a pace of somewhere in the region of 15.2 million cars sold in november. the fact is that americans got very old fleet of cars....
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all this comes as treasury secretary tim geithner held separate meetings today with boehner, reid, nancy pelosi, and mitch mcconnell, and over at the white house spokesman jay carney said the debt ceiling should not be a pawn in any kind of fiscal gamesmanship. >> asking for a -- that a political price be paid in order for congress to do its job to ensure that the united states of america pays its bills and does not default for the first time in its history is deeply irresponsible. >> now, if you're sensing a distinct lack of holiday cheer down in washington these days, take heart. because joe biden is still our vice president and no fiscal cliff fights are going to stop him from a shopping blitz at washington's new costco super store. the veep came looking for pies and left with a television, books, fire logs, and a huge smile trailed by a horde of surprised shoppers. >> just walking through this store. get some guidance. >> you know, i have a feeling that the president may have missed his usual lunch partner at the midday meal today. joining us from washington is msnbc own historian th
all this comes as treasury secretary tim geithner held separate meetings today with boehner, reid, nancy pelosi, and mitch mcconnell, and over at the white house spokesman jay carney said the debt ceiling should not be a pawn in any kind of fiscal gamesmanship. >> asking for a -- that a political price be paid in order for congress to do its job to ensure that the united states of america pays its bills and does not default for the first time in its history is deeply irresponsible....
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harry reid has long defended the perogatives of the senate and of the filibuster even in the face of criticism from his own members, but virtually all of his members now want to do something and he has been infuriated by the way in which mitch mcconnell has carried out, but if you think about t it is a very odd time to do this. the house is under the control. >> you don't get that much. >> of the republicans, so it is not as if the filibuster is the only thing standing in the way >> of the republicans, so it is not as if the filibuster is the only thing standing in the way of democratic program and as norm said, at the beginning of this new congress president obama has a better shot at working with the senate including 6, 8, 10, republicans in using that to put pressure on the house so is this the right time to blow up the senate? >> norm, real quick, do you think we need 67 or 51, whatever you want to do? what do you think is the number of senators? >> institutionally you could do it with 51. you made the key point. in 1975 when they changed the rule they started to do it this way a
harry reid has long defended the perogatives of the senate and of the filibuster even in the face of criticism from his own members, but virtually all of his members now want to do something and he has been infuriated by the way in which mitch mcconnell has carried out, but if you think about t it is a very odd time to do this. the house is under the control. >> you don't get that much. >> of the republicans, so it is not as if the filibuster is the only thing standing in the way...
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it goes against what harry reid told me today. i asked the democratic leader in the senate whether or not geithner had made a specific new offer today. he told me no, no new offer from geithner today. he said that the president had made the democrats' offer two weeks ago. clearly, the details in here are not going to be received favorably by republicans. so we can take this as part of an overall negotiating gambit. >> there are some also trading in exchange for increase in taxes on income over $250,000. a one-year postponement of looming spending cuts in defense and domestic programs, correct? >> right. and i think one of those is going to be key. the defense spending is one of the tricky areas here for republicans. they would like to see spending cuts across the board, but they don't necessarily want to see the extreme spending cuts in defense that we're going to see as part of the so-called sequester. so anything that can be done to bring republicans on board in terms of less cuts in defense spending would be a good thing. but c
it goes against what harry reid told me today. i asked the democratic leader in the senate whether or not geithner had made a specific new offer today. he told me no, no new offer from geithner today. he said that the president had made the democrats' offer two weeks ago. clearly, the details in here are not going to be received favorably by republicans. so we can take this as part of an overall negotiating gambit. >> there are some also trading in exchange for increase in taxes on income...
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reid: is there further debate on this? the presiding officer: is there further debate on the motion to proceed? if not, the question's on the motion. all in favor say aye. those opposed, no. the ayes appear to have it. the ayes do have it. the motion is agreed to. the clerk will report. the clerk: calendar number 419, s. 3254, a bill to authorize appropriations for fiscal year 2013 for military activities of the department of defense and so forth and for other purposes. mr. reid: madam president, on behalf of senator udall of colorado, i call amendment 2985. the presiding officer: the clerk will report the amendment. the clerk: the senator from nevada, mr. reid, for mr. udall of colorado and others, proposes an amendment numbered 2985. strike section 313. mr. reid: i would ask further reading of the amendment be waived. the presiding officer: without objection. the presiding officer: the senator from michigan. mr. levin: i have two unanimous consent requests for committees to meet today during today's session of the senate
reid: is there further debate on this? the presiding officer: is there further debate on the motion to proceed? if not, the question's on the motion. all in favor say aye. those opposed, no. the ayes appear to have it. the ayes do have it. the motion is agreed to. the clerk will report. the clerk: calendar number 419, s. 3254, a bill to authorize appropriations for fiscal year 2013 for military activities of the department of defense and so forth and for other purposes. mr. reid: madam...
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mcconnell is angry about reid's plan to end filibusters on so-called motions to proceed done before any final debate. >> shutting off our right to express the views of our constituents as is being proposed would effectively shut these people out of the process. he will break the rules of the senate in order to change the rules of the senate. >> americans believe congress is broken. once again, the only ones who disagree with mitch mcconnell and republicans in congress. >>> another senator, dianne feinstein of california, set an election-day record after receiving the most votes ever for a u.s. senator. nearly 7.3 million. >>> well, will rick santorum run again in 2016? he tells "the weekly standard" he's, quote, open to it. >>> former president jimmy carter now 88 years old is back in haiti to help rebuild 100 new homes after the devastating earthquake there. it is his second trip there in the past year. >>> and finally, "politico" reports jill kelley, the supporting character in the petraeus scandal, has been stripped of her title as an honorary consul for south korea. she was using th
mcconnell is angry about reid's plan to end filibusters on so-called motions to proceed done before any final debate. >> shutting off our right to express the views of our constituents as is being proposed would effectively shut these people out of the process. he will break the rules of the senate in order to change the rules of the senate. >> americans believe congress is broken. once again, the only ones who disagree with mitch mcconnell and republicans in congress. >>>...
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today geithner met behind closed doors with house speaker john boehner, senate majority leader harry reid and frank mcconnell. the word he used to describe the overall negotiations, disappointing. >> no substantive progress has been made in the talks between the white house and the house over the last two weeks. listen, this is not a game. jobs are on the line. the american economy is on the line. and this is a moment for adult leadership. campaign style rallies and one-sided leaks in the press are not the way to get things done here in washington. >> democrats today said they're confident a deal can be reached by christmas. but admit negotiations would need to pick up steam. as for senator reid, he says it's now up to the gop to make the next move. >> we're still waiting for a serious offer from the republicans. the president has made his proposal. we need a proposal from them. >> okay. let's dig in and bring in nbc's capitol hill correspondent kelly o'donnell. fill us in on how the meetings are going so far. last but not least, nancy pelosi coming up. >> exactly. she'll meet within the
today geithner met behind closed doors with house speaker john boehner, senate majority leader harry reid and frank mcconnell. the word he used to describe the overall negotiations, disappointing. >> no substantive progress has been made in the talks between the white house and the house over the last two weeks. listen, this is not a game. jobs are on the line. the american economy is on the line. and this is a moment for adult leadership. campaign style rallies and one-sided leaks in the...
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that's signed by harry reid. senator durbin giving a speech saying no touching medicare or medicaid in any year end package. so, basically, the democratic position is no changes to social security, no changes to medicare, no changes to medicaid, yet the mainstream media all you hear is three words: grover, grover, grover. all you hear is about republican intransigence on taxes. where are the stories about democratic intransigence on entitlements? it seems to me that what they want to do is go off the fiscal cliff, pocket the increase on the wealthy, the tax increase on the wealthy, and blame republicans for the middle class tax increases. and if that's what they want to do, then republicans should say let's go with 'em. megyn: simon, what about the spending cuts? >> well, first of all, i was in a meeting with the president two days ago, private meeting, and he made it very clear he doesn't want to go over a fiscal cliff, and his preference is to do a deal with the republicans. so i think what marc said at the beg
that's signed by harry reid. senator durbin giving a speech saying no touching medicare or medicaid in any year end package. so, basically, the democratic position is no changes to social security, no changes to medicare, no changes to medicaid, yet the mainstream media all you hear is three words: grover, grover, grover. all you hear is about republican intransigence on taxes. where are the stories about democratic intransigence on entitlements? it seems to me that what they want to do is go...
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harry reid has already said social security is off the table. we're not touching social security. that's not a story? no. it really wasn't. that was basically uncovered by the networks. but the debate now is entitlements and that is getting almost no attention. >> steve: in the meantime, you look at the stuff and it looks like the main stream media essentially acting as a negotiator on behalf of the white house. republicans need to cave. don't think of it that way. think of compromise because that at thend of the day, both parties will give up something. >> sure. and by the way, let me to be totally honest, republicans have already caved. they've already fallen for it, right? they've already been pushed into, you watched the sunday shows, attacking grover norquist, as if that's the point. it's not. so the press has cowed republicans to do their bidding and in effect, doing the white house's bidding. but again, the real story is going unanded and that is will harry reid and the democrats in the house, led by nancy pelosi, show any movement at all in their willingness to rein in ent
harry reid has already said social security is off the table. we're not touching social security. that's not a story? no. it really wasn't. that was basically uncovered by the networks. but the debate now is entitlements and that is getting almost no attention. >> steve: in the meantime, you look at the stuff and it looks like the main stream media essentially acting as a negotiator on behalf of the white house. republicans need to cave. don't think of it that way. think of compromise...
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and after his team's seventh straight loss, coach andy reid said after the game, he's not spoken to the eagles' ownership about the future with the team. and you know what, mika? he might as well not. i don't think he's going to be back in philadelphia next year. >> more news from the nfl, lions' defensive tackle ndamukong suh won't be suspended for kicking texans' quarterback matt schaub in the groin during the lions' loss to the texans on thanksgiving day. >> you can tell, he hits the ground, it's just a twitch. >> who does that? oops. following an official review of the incident, the league rules that suh's actions didn't warrant suspension, but they're still considering whether to fine him. schaub told a houston radio station yesterday that he would never want to be suh's teammate saying quote, you don't want a player like that. the stuff he hands for and the type of player he is, that's not houston texan worthy. suh has been fined four times and suspended two games. >>> a big showdown in the tri-state area. the new york knicks traveled across the east river to take on the nets in b
and after his team's seventh straight loss, coach andy reid said after the game, he's not spoken to the eagles' ownership about the future with the team. and you know what, mika? he might as well not. i don't think he's going to be back in philadelphia next year. >> more news from the nfl, lions' defensive tackle ndamukong suh won't be suspended for kicking texans' quarterback matt schaub in the groin during the lions' loss to the texans on thanksgiving day. >> you can tell, he hits...
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put it on the table and it fell apart. >> the president had managed, going through nancy pelosi and reid, to keep the democrats more or less in line on the grand bargain even though there was grumbling about the entitlement changes. i think the same thing would happen again. progressive democrats are talking ought more, want to go over the cliff -- >> the curve. >> the curve. >> you know, the mole hill. and put pressure on the republicans. i do think the fundamental dynamic hasn't changed and that is, can boehner bring any votes to the table? if 20 -- if 20 or so tea party republicans rebel against him, he doesn't win the speakership vote on january 3rd. i don't though how you get around that because i still think even if the last election there are at least 20 or so crazies or whatever you want to call them extremists, die hards in the house republican tea party caucus. >> and they're still there. >> they're still there. >> he has compared -- herding frogs in a wheel barrow. >> he should be so lucky. >> the republicans primaries produced a nominee who's most -- whose most memorable comm
put it on the table and it fell apart. >> the president had managed, going through nancy pelosi and reid, to keep the democrats more or less in line on the grand bargain even though there was grumbling about the entitlement changes. i think the same thing would happen again. progressive democrats are talking ought more, want to go over the cliff -- >> the curve. >> the curve. >> you know, the mole hill. and put pressure on the republicans. i do think the fundamental...
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harry reid said they believe the committees in charge chaired by john kerry should be in charge of this and not members from other committees like homeland security and intelligence and armed services who are getting involved in this. but as you pointed out, none of the republican senators asking questions chair anything. it's becoming very personal and very puzzling indeed. >> one last sort of puzzling hmt of this to me. i just want your perspective because you have reported on these issues for so long. it seems remarkable to me to have the acting director of the cia personally accompanying susan rice to that meeting today. this is not formal testimony. there was no committee of lindsey graham and john mccain. they don't run anything there. is it unusual to have the leader of the cia personally involved like this? >> it was remarkable to me. i described her on "nightly news" as her wing man. he was there to take the blame. and it did seem for an acting director of the cia to be put in that position rather extraordinary. he himself is under consideration to become the permanent cia dire
harry reid said they believe the committees in charge chaired by john kerry should be in charge of this and not members from other committees like homeland security and intelligence and armed services who are getting involved in this. but as you pointed out, none of the republican senators asking questions chair anything. it's becoming very personal and very puzzling indeed. >> one last sort of puzzling hmt of this to me. i just want your perspective because you have reported on these...
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Nov 29, 2012
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harry reid did a similar vein to the market a couple days ago. you can see how nervous investors are with the progress or lack thereof on the fiscal cliff in washington. connell: peter barnes has been covering it all from capitol hill. the attorney said i am here trying to resolve this. it is serious business. he would hope the white house would get serious as well. peter: no substantive progress in the last couple weeks in the discussions with the white house and then kind of taking a slap your at the president. he said this is a moment for adult leadership. the white house does have to get serious on spending cuts and entitlement reform. the republicans are trying to shift the discussion in this debate over to the spending that side. the entitlement reform side. the president hammering them on the tax side of it. especially spending, extending the bush tax cuts for the middle class. connell: are you noticing a difference? is that the way it is shaping up today that the democrats are more optimistic than the republicans because republicans do no
harry reid did a similar vein to the market a couple days ago. you can see how nervous investors are with the progress or lack thereof on the fiscal cliff in washington. connell: peter barnes has been covering it all from capitol hill. the attorney said i am here trying to resolve this. it is serious business. he would hope the white house would get serious as well. peter: no substantive progress in the last couple weeks in the discussions with the white house and then kind of taking a slap...
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obviously here reid's comments sent the euro in the risk trade back. obama/boehner comments about a possible agreement. geithner with congressional leaders would set up any kind of good news for a euro to push through that 1.30 level. >> what are your levels? >> i like to go long. actually, i just bought euro literally in my hand held before i sat down at 1.29.70. you want to look for a push through that november triple top high over 1.30. we could target the 1.30, 1.40, the high from october. traditionally in the technical analysis world we have a triple top setting up. those do not hold. i like the trade up towards a test of that october high. >> i'm surprised you don't think the yen is a better trade at the moment. there's a lot of chatter everywhere else about it. >> it's a great point, simon. you know, the boj is doing everything they can to end their 13, 15-year deflationary cycle. my thought on that is you don't get hit by the train you see coming. i feel like the market is so focused on the short yen trade, i think it could work in the short te
obviously here reid's comments sent the euro in the risk trade back. obama/boehner comments about a possible agreement. geithner with congressional leaders would set up any kind of good news for a euro to push through that 1.30 level. >> what are your levels? >> i like to go long. actually, i just bought euro literally in my hand held before i sat down at 1.29.70. you want to look for a push through that november triple top high over 1.30. we could target the 1.30, 1.40, the high...
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bill: harry reid, what do you think about that? >> well, only senator harry reid of nevada could pack that many lies into something quite that short. look, the taxpayer protection pledge as harry reid well knows is a commitment by senators and congressmen to their constituents, not to me personally, reid tells that lie over and over again, a commitment to their constituents that when they come to washington they will reform government and spend less money, rather than raise taxes. when harry read says that the commitment of those republican senators not to raise taxes is an impediment he means it's an impediment to raising taxes so obama and reid can keep spending money. reid has been supportive of every one of barack obama's wasteful spending programs e. wants to raise taxes to pay for it. you heard from van hollen earlier they are not interested in cutting any spending at all. they want to koeupbt as their contribution to budget he restraint, democrats. cuts already in law and 800 bill dollars that he claims he saved for not occu
bill: harry reid, what do you think about that? >> well, only senator harry reid of nevada could pack that many lies into something quite that short. look, the taxpayer protection pledge as harry reid well knows is a commitment by senators and congressmen to their constituents, not to me personally, reid tells that lie over and over again, a commitment to their constituents that when they come to washington they will reform government and spend less money, rather than raise taxes. when...
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senator harry reid speaks and stocks drop. really? the market rundown is next. boy, that stock market will listen to anybody these days. remember a man who changed professional sports without ever putting on a uniform. entertainment more than any other person in american history. how many presidents lost a general election before going on to win the white house? tweet me the answer. the first correct answer gets a follow wednesday from us. ♪ i'd like to thank eating right, whole grain, multigrain cheerios! mom, are those my jeans? [ female announcer ] people who choose more whole grain tend to weigh less than those who don't. multigrain cheerios why use temporary treatments when you can prevent the acid that's causing it with prevacid24hr. with one pill prevacid24hr works at the source to prevent the acid that causes frequent heartburn all day and all night. and with new prevacid24hr perks, you can earn rewards from dinner deals to music downloads for purchasing prevacid24hr. prevent acid all day and all night for 24 hours with prevacid24hr. prevent acid all d
senator harry reid speaks and stocks drop. really? the market rundown is next. boy, that stock market will listen to anybody these days. remember a man who changed professional sports without ever putting on a uniform. entertainment more than any other person in american history. how many presidents lost a general election before going on to win the white house? tweet me the answer. the first correct answer gets a follow wednesday from us. ♪ i'd like to thank eating right, whole grain,...
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this is something that i -- especially on social security, we have seen senate majority leader harry reid said let's not mess with social security, signals from the white house indicating they're not going to touchdown social security, maybe medicare, medicaid, but not social security and republicans will say, wait a minute, you're not serious. we're giving ground on revenue, you got to give ground on spending. and, brooke, i think the biggest thing here is that this bill, if they get a bill, is going to be so unpopular because it is going to raise taxes and it is going to cut benefits and getting the votes to pass this is going to be enormously difficult. >> you bring up the benefits issue. let me run through this, because it brings us back to the possibility of no deal whatsoever. again, on the automatic tax increases come january 1. we're talking about a lot of stuff here. the bush era tax cuts expire. as does the president's so-called payroll tax holiday on social security deductions, follow along with me, the so-called marriage penalty returns full force, you also have extended unemp
this is something that i -- especially on social security, we have seen senate majority leader harry reid said let's not mess with social security, signals from the white house indicating they're not going to touchdown social security, maybe medicare, medicaid, but not social security and republicans will say, wait a minute, you're not serious. we're giving ground on revenue, you got to give ground on spending. and, brooke, i think the biggest thing here is that this bill, if they get a bill,...
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the president and the democrats, they will not -- dick durbin, harry reid, nancy pelosi, they're saying no to entitlement reform. if we don't get entitlement reform, it's a bad thing. don't you see it that way? >> two things the president is talking i don't see. one is increasing tax rates on individual taxpayers. that's not going to fly. i've never supported a tax increase rate-wise and i'm not going to. secondly, we're not going to discuss revenues until they're willing to put entitlement reform on the table. entitlement reform is tough for republicans, because it's valuable programs we're talking about, but they're sacrosanct for the democrats. you can't have everything you want. it's hunt on th incumbent on tht to come forward and say we'll put entitlements on the table in a big way, and he's not doing that. i was disappointed to hear my colleagues in the senate say yesterday that, well, you know, you give us the revenues, and then we'll talk about entitlement reform later. ain't going to happen. ain't going there. >> sean: some democrats have said the republicans will get the blame
the president and the democrats, they will not -- dick durbin, harry reid, nancy pelosi, they're saying no to entitlement reform. if we don't get entitlement reform, it's a bad thing. don't you see it that way? >> two things the president is talking i don't see. one is increasing tax rates on individual taxpayers. that's not going to fly. i've never supported a tax increase rate-wise and i'm not going to. secondly, we're not going to discuss revenues until they're willing to put...
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. >> but karen, the republicans seemed reluctant to talk about the luncheon but senator reid seemed to be pretty happy to talk about it. let me show what you he said. >> i think this is great. none of us here have any ill will towards mitt romney. we were involved in a campaign. it's over with. i'm very happy to see this picture. it's good for the american people. >> karen, it is good for the american people, especially since the election turned out the way it did. >> yeah. it is. although, i think most of us know that when you say we promise we'll keep in touch, that's when a guy says, i'll call you, you're not going to be sitting by the phone waiting for it to ring. but this is an important part of our democracy. there were obviously huge disagreements about the way forward but the fact that at the end of the day people can come together, break bread, i would have loved to have been in the room for that conversation, of course. but, yeah, i think it sends a positive message to the american people and to the rest of the world that this is a part of our process and now we move on. alth
. >> but karen, the republicans seemed reluctant to talk about the luncheon but senator reid seemed to be pretty happy to talk about it. let me show what you he said. >> i think this is great. none of us here have any ill will towards mitt romney. we were involved in a campaign. it's over with. i'm very happy to see this picture. it's good for the american people. >> karen, it is good for the american people, especially since the election turned out the way it did. >>...
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we know that senate majority leader reid said they hope to have another meeting with the president this week. >> athena jones, thank you, at the white house. >>> and president obama went christmas shopping today. the president and his daughters shopped at an independent store in virginia. the obamas are participating in the third annual event, the white house bought 15 books. >>> and cyber deals, no longer just for monday. they participated in the deals before black friday. cyber monday is still a key part of the holiday shopping season. spending on cyber monday may reach $1.5 billion this year. so how do you get the best on-line deals if cyber monday is starting earlier? cnn's laurie segall has more. >> reporter: like black friday, or now black thursday, it starts earlier. o on-line deals are available every friday or monday on cyber.com. >> it is so much easier to go on line than it is to go out to the stores. >> reporter: ahead of the holiday season, the social network got into the game, launching facebook gifts. this seems like it is actually taking a big step into e-commerce, right
we know that senate majority leader reid said they hope to have another meeting with the president this week. >> athena jones, thank you, at the white house. >>> and president obama went christmas shopping today. the president and his daughters shopped at an independent store in virginia. the obamas are participating in the third annual event, the white house bought 15 books. >>> and cyber deals, no longer just for monday. they participated in the deals before black...
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. >>> senate majority leader harry reid says raising the debt limit has to be part of any package. john tester a members of the banking committee. newly re-elected. >> thanks, andrea. >> thanks very much for being with us. you're from one of the reddest of red states, you squeaked through. congratulations on that victory. what does it now bring you right into the middle of these negotiations and a tough vote. what are the people back home telling you? >> the people back home have been telling us some time we need to work together as americans, not as democrats or republicans. i think the folks back home are really sick of the hyper partisanship in washington, d.c., which has resulted in really a lot of dysfunction and so especially when it comes to the issue of debt and deficit it's going to take folks working together as americans, put the parties aside, do what's right for the country and move on. >> you're willing to vote for higher taxes some changes in medicare, including eligibility age, tougher means testing. some kind of reduction in benefits for future beneficiaries not th
. >>> senate majority leader harry reid says raising the debt limit has to be part of any package. john tester a members of the banking committee. newly re-elected. >> thanks, andrea. >> thanks very much for being with us. you're from one of the reddest of red states, you squeaked through. congratulations on that victory. what does it now bring you right into the middle of these negotiations and a tough vote. what are the people back home telling you? >> the people...
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first up, harry reid. then john boehner. in the afternoon, mitch mcconnell and then nancy pelosi. we're expecting to hear from speaker boehner within the half hour following his meeting. we'll bring that to you. his remarks, though, coming on the heels of a politico report that the framework of a deal is beginning to emerge. the speaker and the president as its principal architects. both men expressing determination and cautious optimism yesterday. >> it's too important for washington to screw this up. now is the time for us to work on what we all agreed to, which is let's keep middle class taxes lower. >> time for the president and democrats to get serious about the spending problem that our country has. but i'm optimistic that we can continue to work together to overt this crisis. >> politico also reporting that the two men had a phone call yesterday that was, quote, curt. can these two men with a history of butting heads meet in the middle before america goes over the edge? >> we have a very, very reasonable chance of going over this cliff. every hour is ticking by, every day i
first up, harry reid. then john boehner. in the afternoon, mitch mcconnell and then nancy pelosi. we're expecting to hear from speaker boehner within the half hour following his meeting. we'll bring that to you. his remarks, though, coming on the heels of a politico report that the framework of a deal is beginning to emerge. the speaker and the president as its principal architects. both men expressing determination and cautious optimism yesterday. >> it's too important for washington to...
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to limit the republicans ability to oppose certain legislation. >> harry reid is doing this because he claims republicans are abusing the filibuster. >> i have faced 386 filibusters. >> 386 filibusters during harry reid's six years as majority leader. and given how little congress works some of that has to be mitch mcconnell stopping by harry reid's dinners to block passage of mashed potatoes. >> some of california's famous beaches may be in danger because sand is in short supply. >> we'll show you big names who are fighting for their spot on the sand and why that battle could play out on the east coast. that's ahead on cbs "this morning." >> this portion of cbs "this morning" is sponsored by hershey's. life is delicious. smiles make more smiles. when the chocolate is hershey's. life is delicious. music is a universal language. but when i was in an accident... i was worried the health care system spoke a language all its own with unitedhealthcare, i got help that fit my life. information on my phone. connection to doctors who get where i'm from. and tools to estimate what my care ma
to limit the republicans ability to oppose certain legislation. >> harry reid is doing this because he claims republicans are abusing the filibuster. >> i have faced 386 filibusters. >> 386 filibusters during harry reid's six years as majority leader. and given how little congress works some of that has to be mitch mcconnell stopping by harry reid's dinners to block passage of mashed potatoes. >> some of california's famous beaches may be in danger because sand is in...
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yesterday we ha harry reid gave a negative outlook and that's why we sold off yesterday. look at some ddw winners because now there is a lot of dow winners. american press, hewlett-packard, pfizer, chevron. those are some of the best performers on the dow jones industrials gaining more than 1% each. hewlett-packard is up 3%. only a couple of loser, at&t and boeing. back to you. ashley: nicole, thank you very much. bring attention to the banner on bottom of the screen. treasury secretary tim meet with congressional leaders tomorrow as the evident goes on to get some compromise to avoid this fiscal cliff. more now as we just said, he will be meeting with those congressional leaders tomorrow on capitol hill. we'll wait to see what comes of that. hopefully some more, at least promising words. everyone is confident of course that a deal can be reached before christmas. at least that is the belief of some. peter barnes at the white house where the president will again meet with business leaders this afternoon, probably getting an earful from them, peter. >> that's right, ashley
yesterday we ha harry reid gave a negative outlook and that's why we sold off yesterday. look at some ddw winners because now there is a lot of dow winners. american press, hewlett-packard, pfizer, chevron. those are some of the best performers on the dow jones industrials gaining more than 1% each. hewlett-packard is up 3%. only a couple of loser, at&t and boeing. back to you. ashley: nicole, thank you very much. bring attention to the banner on bottom of the screen. treasury secretary tim...
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will coach andy reid survive another week? looking for a better place to put your cash? here's one you may not have thought of -- fidelity. now you don't have to go to a bank to get the things you want from a bank, like no-fee atms, all over the world. free checkwriting and mobile deposits. now depositing a check is as easy as taking a picture. free online bill payments. a highly acclaimed credit card with 2% cash back into your fidelity account. open a fidelity cash management account today and discover another reason serious investors are choosing fidelity. no, no, no, stop! humans -- one day, we're coming up with the theory of relativity, the next... stop, stop, stop! my car! not so much. but that's okay. you're covered with great ideas like optional better car replacement from liberty mutual insurance. total your car, and we give you the money to buy one a model year newer. learn about it at libertymutual.com. liberty mutual insurance. responsibility -- what's your policy? for their annual football trip. that's double miles you can actually use. tragically, their bud
will coach andy reid survive another week? looking for a better place to put your cash? here's one you may not have thought of -- fidelity. now you don't have to go to a bank to get the things you want from a bank, like no-fee atms, all over the world. free checkwriting and mobile deposits. now depositing a check is as easy as taking a picture. free online bill payments. a highly acclaimed credit card with 2% cash back into your fidelity account. open a fidelity cash management account today...
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he is the republican, the senate majority leader harry reid the democrat over the weekend, perhaps to try to jump-start the talks. as of now, as the house of representatives comes back today, as the senate came back yesterday, we're still very much in limbo on the fiscal cliff. >> here's something else we know. some major republicans have come out and they say that they don't feel bound by the americans for tax reform pledge. most recently we saw house majority leader eric cantor. do you believe more republicans will stick by this? >> what we're finding out right now zoraida is that there's a little bit of coming to jesus moment about how to fix the fiscal cliff. for republicans perhaps it is going to be higher taxes. for democrats there's going to have to be some changes to entitlement reform. but grover norquist has been really the person pushing this no tax pledge, has been on our airwaves. he's been talking a lot about it. let's hear what he had to say about republicans who might break the pledge. >> no pledge taker has voted for a tax increase. they've had some people discussing
he is the republican, the senate majority leader harry reid the democrat over the weekend, perhaps to try to jump-start the talks. as of now, as the house of representatives comes back today, as the senate came back yesterday, we're still very much in limbo on the fiscal cliff. >> here's something else we know. some major republicans have come out and they say that they don't feel bound by the americans for tax reform pledge. most recently we saw house majority leader eric cantor. do you...
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the senate majority leader harry reid put out a statement yesterday saying guys the election is over. enough already. that is the other reason why susan collins is significant. she is not known as someone who would go after people particularly someone who has the potenti potential -- that is why what she said is important because it is difficult to say susan collins is doing this for political reasons. >> great questions live on the spot and also great reporting. thank you for that. yes, secretary of state is currently hillary clinton but mrs. clinton has said she does plan to step down as soon as her successor is lined up. ♪ thanks. [ daughter ] dad... meet julian jones, the third. [ male announcer ] some connections are generational; hi... [ male announcer ] others just a few minutes... look everybody, my new grandson. [ male announcer ] either way, our signal is strong and deeply rooted in the community. cute kid... looks nothing like you. [ male announcer ] the simple joy of staying in touch. anyone have occasional constipation, diarrhea, gas, bloating? yeah. one phillips' colon
the senate majority leader harry reid put out a statement yesterday saying guys the election is over. enough already. that is the other reason why susan collins is significant. she is not known as someone who would go after people particularly someone who has the potenti potential -- that is why what she said is important because it is difficult to say susan collins is doing this for political reasons. >> great questions live on the spot and also great reporting. thank you for that. yes,...
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Nov 22, 2012
11/12
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MSNBCW
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you have harry reid saying he is not open to reforming specifically social security. there may be some wiggle room on some of the other entitlements, but things are off to a rocky start with house speaker john boehner writing an editorial saying he thinks the president's health care plan should be on the table. that is certainly something that both sides will go to the mat over, but i think there's a lot of pressure to get a deal done by the first of the year for the reason that you just cited. because if they don't, this will have a big impact according to a lot of economists on the economy and they just don't want to see that happen and bear the brunt of that. >> understandably so. quickly, the president's plans for today are what? is he there in the house behind you or elsewhere? >> reporter: he is in the house behind me. quiet day at the white house with his traditional thanksgiving dinner with the first family. i'm sure there will be all the fixings on the table, turkey, ham, a lot of different types of pies. yesterday president obama bardened a thanksgiving turk
you have harry reid saying he is not open to reforming specifically social security. there may be some wiggle room on some of the other entitlements, but things are off to a rocky start with house speaker john boehner writing an editorial saying he thinks the president's health care plan should be on the table. that is certainly something that both sides will go to the mat over, but i think there's a lot of pressure to get a deal done by the first of the year for the reason that you just cited....
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Nov 29, 2012
11/12
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FBC
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we had harry reid and boehner gave us a boost yesterday. today we sold off and moved back and forth. we've been over the unchanged line several times today. now we're up 51 points. as we're saying we're so closely tethered to the headlines coming out of washington. when we hear about positive and optimism pertaining to the fiscal cliff we'll start to move higher and sell off. as far as what we're seeing on the dow jones industrials, naems like drug stocks and banks stocks. vix index, fear index, is pull off. transports are doing well. we've gotten in some same-store sales. names like koeledz, macy's, gap and target. coles as an example they're citing hurricane sandy for weak november same-store sales. look at kohl's. that is the worst of the bunch. it is down about 10% now. while they, some of them are feeling little optimistic about the black friday and the thanksgiving shopping weekend, they can't deny the fact they did lose money on the eastern seaboard pertaining to hurricane sandy. so we'll start to hear from a lot of retailers. not on
we had harry reid and boehner gave us a boost yesterday. today we sold off and moved back and forth. we've been over the unchanged line several times today. now we're up 51 points. as we're saying we're so closely tethered to the headlines coming out of washington. when we hear about positive and optimism pertaining to the fiscal cliff we'll start to move higher and sell off. as far as what we're seeing on the dow jones industrials, naems like drug stocks and banks stocks. vix index, fear...
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Nov 29, 2012
11/12
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jon: so that's senator reid's view, what about the republican point of view? what do we know about that? and also i heard something about a vip phone call? >> reporter: that's right. we know the president of the united states and the speaker of the house, john boehner, had a phone call for about 15 minutes last night. speaker boehner described it as cordial, direct and we've heard that, essentially, you know, 15-minute conversation between the president that that gives them a lot of time to talk about some things. in public, though, republicans are sounding a little bit more frustrated in trying to force the president to step up. take a listen. >> he's got a responsibility to everyone to work out an agreement, and that means he's got to come up with something that can get through a republican house of representatives. so we're waiting on the president. we can still get there, but he's going to have to lead. >> reporter: so keep in mind there's a lot of tough talk in public, a lot of the important work is being done in private including private conversations, a
jon: so that's senator reid's view, what about the republican point of view? what do we know about that? and also i heard something about a vip phone call? >> reporter: that's right. we know the president of the united states and the speaker of the house, john boehner, had a phone call for about 15 minutes last night. speaker boehner described it as cordial, direct and we've heard that, essentially, you know, 15-minute conversation between the president that that gives them a lot of time...
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Nov 28, 2012
11/12
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MSNBCW
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let me play what harry reid said about that. >> we would be somewhat foolish to work out something on the cliff and is six weeks later republicans could pull the same game they did before. >> dana, any indication progress is being made on this or just more roadblocks coming into the picture? >> you know, i was just as a breakfast where bowles and simpson were speaking, and it was a very gloomy and pessimistic affair, and erskine bowles was saying he sees barely eve an one-third possibility of avoiding the fiscal cliff. it appears everybody is just posturing right now. the president is doing it, congressional leaders are doing it. the few who do seem to be willing to compromise are for now the outliers. in fact, more obstacles are being thrown up, and we've got all of ten legislative days left in which to fix this problem. >> well, gloomy and pessimistic are not the words that we want to hear or i think, clarence, that we expected to hear because it seems that before the election there was actually some uniform opinion this absolutely was going to get done by the end of the year. what
let me play what harry reid said about that. >> we would be somewhat foolish to work out something on the cliff and is six weeks later republicans could pull the same game they did before. >> dana, any indication progress is being made on this or just more roadblocks coming into the picture? >> you know, i was just as a breakfast where bowles and simpson were speaking, and it was a very gloomy and pessimistic affair, and erskine bowles was saying he sees barely eve an...
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Nov 21, 2012
11/12
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for more, we go to joy reid, managing either of grio.com and jared bernstein. welcome to you both. >> nice to be here. >> earlier we asked you to come up with a figure, because you know i have -- like a dog with a bone on this. we asked you to come up with a figure how much corporate welfare per year is dolled out. what did you find out? >> from the tax policy center, nonpartisan, highly reliable group, $150 billion in tax expenditures that favor corporations in 2012. so, there's your number. >> now, if i'm not mistaken, the amount we actually spend on entitlements that we actually are entitled to because we pay into a system is about half of that? in terms of who's getting the better deal, corporate welfare seems like the better deal and if we're looking for cuts, maybe that's where we should start? >> i think the point is that in both of these cases it's absolutely nonsense, and i know you share this view, to write off all of the social programs as, you know, welfare that just layabouts are -- that 47%, clear nonsense. at the same token, there are certain thi
for more, we go to joy reid, managing either of grio.com and jared bernstein. welcome to you both. >> nice to be here. >> earlier we asked you to come up with a figure, because you know i have -- like a dog with a bone on this. we asked you to come up with a figure how much corporate welfare per year is dolled out. what did you find out? >> from the tax policy center, nonpartisan, highly reliable group, $150 billion in tax expenditures that favor corporations in 2012. so,...
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Nov 29, 2012
11/12
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not just harry reid he is talking to. republican leaders on the house side too so critical of this, john boehner, eric cantor. how will these talks go? we'll follow it and let you know what is happening in two minutes when we continue. >> i'm trying not to paint us into too many boxes where i paint john boehner into a box that tells him what to do. year again and now -- i got a great new way to get deals. it's called bankamerideals, from bank of america. i choose the cash back deals in my mobile or online banking. i just use my bank of america debit or credit card when i pay. and i get as much as 15% cash back -- put into my account. this is on top of other rewards and discounts i already get. best of all -- it's free. happy holidays. [ male announcer ] introducing bankamerideals, free for online banking customers. sign in to your online banking to choose your deals today. now is a good time to think about your options. are you looking for a plan that really meets your needs and your budget? as you probably know, medicare
not just harry reid he is talking to. republican leaders on the house side too so critical of this, john boehner, eric cantor. how will these talks go? we'll follow it and let you know what is happening in two minutes when we continue. >> i'm trying not to paint us into too many boxes where i paint john boehner into a box that tells him what to do. year again and now -- i got a great new way to get deals. it's called bankamerideals, from bank of america. i choose the cash back deals in my...
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Nov 25, 2012
11/12
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CNNW
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we also heard from senate majority leader harry reid that the work on this would continue over the break and that they hope to meet the president this week when they return. right now that meeting is not yet on the schedule, but that can certainly change, randi. >> has there been any concrete movement as far as we can tell that they are edging maybe just a little bit closer to a deal? >> well, that's really the question here. i mean, as i said, the work has continued among staffers discussing this. we know what the big hold-ups are, the big sticking points, and that's how to raise more tax revenue. we know republicans can put revenue on the table, but they don't want to see tax rates go up for anyone. we also know that the president ran on this idea of raising taxes on the wealthiest among us. the other issue is entitlements. republicans want to see democrats reform programs like medicare, so those are the sticking points. now, if there's been progress that hasn't been made public yet, and i can tell you that right after the election the president spoke with house speaker john boehner, a
we also heard from senate majority leader harry reid that the work on this would continue over the break and that they hope to meet the president this week when they return. right now that meeting is not yet on the schedule, but that can certainly change, randi. >> has there been any concrete movement as far as we can tell that they are edging maybe just a little bit closer to a deal? >> well, that's really the question here. i mean, as i said, the work has continued among staffers...